Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialCSC Set To Spin Off Federal Services Business This Month
CSC [CSC] said on Wednesday that its board approved the spin-off of its federal systems business this month, adding that the new business will be called CSRA Inc. CSC will […]
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Business/FinancialDRS Sells Two Business Units To IAP Worldwide Services
IAP Worldwide Services said on Thursday that it has acquired two business units from DRS Technologies related to aircraft repair, and information technology (IT) and communications support, expanding its work […]
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Business/FinancialIngalls Division Drives Strong Third Quarter Results At Hungtington Ingalls
Huntington Ingalls Industries [HII] on Thursday posted strong third quarter financial results on the back of its Ingalls Shipbuilding division, which benefited from higher sales of Navy destroyers and improved […]
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Business/FinancialLockheed Martin Acquisition Of Sikorsky To Close Friday
Lockheed Martin [LMT] on Tuesday said China has favorably completed is regulatory review of the company’s pending acquisition of Sikorsky Aircraft from United Technologies Corp. [UTX], paving the way for […]
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CyberNavy Stands Up Cyber Security Division Following Work Done By Task Force
The Navy in September stood up a new Cyber Security Division within its leadership structure, institutionalizing the capabilities of a year-old task force the service initiated in the summer of […]
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UncategorizedBusiness Opportunities
TSA Issues Solicitation for PreCheck Application Expansion The Transportation Security Administration (TSA) has issued a solicitation seeking expanded enrollment opportunities into its PreCheck known traveler program. The agency plans to […]
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Uncategorized
Contract Awards
DHS Awards CSC $968M for Data Center 1 Services The Department of Homeland Security (DHS) has awarded Computer Sciences Corp. [CSC] a potential four-and-a-half year $967.5 million contract to maintain […]
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Uncategorized
Tech Developments
Smiths Detection X-Ray System Qualifies for TSA’s Air Cargo List – says its dual-view HI-SCAN 6040-2is X-Ray system has been accepted into the qualified section of the Transportation Security Administration’s […]
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Uncategorized
Earnings News & Notes
OSI Systems [OSIS] 1Q16 1Q15 Sales $200.1M $218.4M Net Inc. $10.8M, 0.53 $11.2M, 0.55 Sales fell 8% largely due to a decline in its security segment which […]